Southeastern Water Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611282354 ✦ Somerset, KY ✦ Designated as a 501(c)(12)

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Overview

What is Southeastern Water Association Inc?

Southeastern Water Association Inc is a nonprofit organization situated in Somerset, Kentucky, specifically at 147 East Somerset Church Road. Their primary purpose is to serve their association members by providing reliable water supply and related services. The organization, with a workforce of 13 individuals, is committed to ensuring water availability and quality to its member base.


Official website here: www.southeasternwater.org/

Is Southeastern Water Association Inc legitimate?

Southeastern Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southeastern Water Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $539,674

For more financial information, click here


Official website here: www.southeasternwater.org/

What is the mission statement of Southeastern Water Association Inc?

The mission of Southeastern Water Association Inc is primarily focused on providing water supply and related services to its association members. This organization strives to ensure a reliable water supply to its members, serving as a crucial provider in this capacity. Their mission is carried out through the provision of water service and sales, underscoring their dedication to meeting the water needs of their member base.


Official website here: www.southeasternwater.org/

Who is the CEO of Southeastern Water Association Inc?

Unavailable


Official website here: www.southeasternwater.org/

What is the revenue of Southeastern Water Association Inc?

Southeastern Water Association Inc's revenue in 2022 was $5,680,102.


Official website here: www.southeasternwater.org/

Who are the executives of Southeastern Water Association Inc and what are their salaries?

The average compensation at Southeastern Water Association Inc during 2022 was $41,513. There are 13 employees at Southeastern Water Association Inc.


Here are 9 key members and their salaries:


Morris Vaughn (Manager)
  • Compensation: $83,688
  • Related: $0
  • Other: $0
Grant Treado (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Dennis R Faulkner (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Joe D Crawford (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Ernest Stout Jr (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Bobby Crow (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Wade Bumgardner (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Mark O Davis (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Dwight Faulkner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.southeasternwater.org/

Where can I find the form 990 for Southeastern Water Association Inc?

Southeastern Water Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.southeasternwater.org/

Learn more at the official website: www.southeasternwater.org/

Mission Statement of Southeastern Water Association Inc

Southeastern Water Association Inc, as outlined in its mission statement, is dedicated to supplying water and related services to its member organizations. This nonprofit organization's primary objective is to ensure a reliable water supply, thereby meeting the needs of its membership. By providing these essential services, Southeastern Water Association Inc contributes to the well-being and sustainability of the communities it serves.

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Impact




October, 2024

Southeastern Water Association Inc significantly impacts the Somerset, KY community by providing essential water supply and services to its members. Through reliable access to clean water, the organization plays a critical role in supporting public health, agriculture, and local businesses. By ensuring a consistent and safe water supply, it contributes to the overall quality of life for residents, promoting hygiene and sanitation. Additionally, the Association fosters community resilience by facilitating water usage during times of need, thereby enhancing the region’s sustainability and growth. Its dedicated service not only addresses immediate water needs but also plays a key role in long-term development and community well-being.




This information is meant to be a general summary of Southeastern Water Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,680,102 (2022)
Expenses
$5,036,694 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,105
  • Program Service Revenue: $5,582,810
  • Gross Receipts: $5,680,102

Assets and Liabilities:

  • Total Assets: $31,125,318
  • Total Liabilities: $11,785,797
  • Net Assets: $19,339,521

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WATER SALES

Revenue

$5,137,878

CAPITAL CONTRIBUTIONS

Revenue

$444,932

Organization Details

Founding Year

1993

Main Address

147 EAST SOMERSET CHURCH RD, SOMERSET, KY, 42503

NTEE Category

Code: W80 - Public benefit

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